Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “variable rate”

variable rate

noun [C]     (also adjustable rate, floating rate) FINANCE, PROPERTY
an interest rate that can change over a period of time : Halifax raised its standard variable rate from 6.85% to 6.99%.
→ Compare fixed rate
(Definition of variable rate noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of variable rate

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More